Archive for the ‘Real Estate’ Category

Donald Plunkett asked:

People look to preserve gains in the sale of their home; if there are no gains, they look to preserve as much of their original equity as possible. Boise no doubt felt repercussions of the real estate boom as well as some real estate deflation afterwards. After all, who in Boise is not familiar with someone who deployed their plentiful California home sales proceeds into a Boise-area home or investment property? Likewise, some of the same investors who were buying properties in Arizona and Nevada moved on next to Boise. Years of low interest rates also allowed many more people to get into the housing market, and at higher prices than before.

Understanding Boise flat fee MLS programs requires you to first understand how real estate brokerage works in and around Boise. Brokers in Ada and Canyon Counties are members of the Intermountain MLS system. (The system is actually quite large and extends to even areas outside of these counties such as Twin Falls) This MLS system provides brokers a place to list their properties for sale. It also allows brokers the ability to offer compensation to other broker-members if they represent a buyer that purchases a listing. Being a member in this system is the main reason that a real estate licensee becomes a Realtor® and joins the local association in the first place.

Because the MLS gives agents and buyers the ability to know exactly what is for sale, what is under contract, and what has recently sold, it has become the de facto marketplace for any and all real estate for sale. Someone looking for a 4 bedroom home in Kuna, over 2000 square feet, but under a particular price point can do a targeted search and find exactly that. They can also use the MLS to see recent comparable sales in determining what they want to offer for a property.

Most Boise home sellers still hire a traditional, full commission agent to get their property on the MLS. A few, however, have discovered the fact that you can hire a flat fee MLS company to list your home on the MLS for a flat fee and no listing commission. While they are licensed by the State of Idaho as real estate brokers, they operate on a low cost, high volume model that allows them to provide this service. Sellers in Boise and virtually every submarket including Eagle, Meridian, Kuna, Caldwell, Nampa, Middleton, Star and others have successfully sold homes through these programs. The trend clearly shows an increase in these types of listings and these sorts of brokers have gotten all sorts of positive encouragement from the United States Department of Justice which is interested in increasing competition in the real estate brokerage sector. Even sellers who engage a traditional agent to sell their home will benefit from flat fee MLS programs in Boise because their agent will need to provide proof of extensive services being provided to justify the higher fees. Look for flat fee MLS listings in Boise and throughout Idaho to increase in the coming years.

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Nitin asked:

Now we shall discuss the trends in Mumbai Flats. Mumbai has grown to be the most preferred residential real estate investment hub. The growth of SEZs, industrial parks and international airport are favoring the residential real estate market in the city. Mumbai Real Estate values are growing at a rate of 10 per cent which is very good for the property industry in the country.

The growth of large number of financial retail and shopping malls boosts the commercial real estate sector in the city. A huge chunk of land availability, high disposable incomes, higher affordability, favorable policies and government support make Mumbai an emerging and attractive destination for commercial real estate development in recent years. During every consecutive year, there will be a requirement of about 5 million square.feet. Thus, Mumbai commercial realty has a huge potential to grow and offers above average return on investment to both the investors and buyers.

There is a huge growth from various industries like Bio-Tech, Retail, Entertainment and Hospitality industries has created a more demand for residential and commercial spaces in the city. It has many special economic zones and being the financial capital of the country we can expect a lot of growth and is expected to reach a critical level during the end of the year. Mumbai is expected to occupy more than. 40 per cent of the total expected office space in India. There are plans for a mass rapid transit system, malls and multiplexes construction which makes Mumbai Flats market to be the hottest among other cities in India.

Greg Ellingson asked:

Don’t let the horror stories of storage space put you off the care-free life of being a condominium owner. Since the early days of condos, the idea of condo life has become so popular, that storage space is hardly a factor anymore.

This is because clever interior designers have seen a need in the housing market and they have come up with many innovative ideas to solve the problem.

What has NOT changed since condos became popular is that condo life frees you up for loads more fun or learning or relaxing. However, when the question of whether to move into a condo or a small house comes up, inevitably the space problem is always right up there in the pros and cons.

It’s a fact that there is less storage room in a condo than in a single family house. Many home owners, even in houses, actually prefer to rent storage space and keep their houses less cluttered. Not everything can be stored in an outdoor shed, for fear of dampness and vermin.

All types of winter sporting gear, Christmas trees, decorations and down-filled jackets can all be stored away from your home during the months that you won’t need them. Condo owners have even more need to store items away, as their cupboard space is so limited.

However, if renting extra space is not what you would like, there are many ideas on the market to help with storage space; here are just a few:

Many people like the look of a clear expanse of floor in their condo, to give the feel of spaciousness. However, such items as coffee and end tables usually break up this straight run of floor. (The exception is the glass topped coffee table.)

While you are interrupting the continuum of floor space, you may as well make the most of these tables as storage space. Some coffee tables are designed for storage. Look for ones with two or three rattan baskets underneath, to keep a tidy look.

An even better way to house your storage is to use a flat topped trunk as a coffee table. Sometimes you can find an antique trunk and there are also custom made trunk-style coffee tables.

These are fashioned after the old sea-going chests that our great-grandmothers may have traveled with. Many people also put a couple of cushions on top of these chests, and keep them for a spare seat on their balconies. A large cedar trunk, made in America, is under $200 on the Internet; they also have half chests to match, which would substitute for end tables.

Two more storage areas that are often not utilized are the bathroom and the car parking area. Both these areas can offer storage space that doesn’t spoil the clutter-free look you want.

When you walk into your bathroom, you will want to admire the spacious look of the room; you do not want a selection of storage containers on display. However, as you walk in, you will never notice a shelf high up, above the doorway.

This will only be seen once you are actually right in the bathroom and turn around. (You may need permission to actually hang a small cupboard up there, but a cupboard is rather deep, whereas a shelf may be okay.)

Many items can be stored up here: large towels, toilet rolls, electrical hair appliances and jumbo sizes of shampoo, etc. This will free up your cabinets for the items that are in daily use.

The final storage idea that has hit the market recently is a large lockable bin that you keep in your car parking space. For this you need a wall and permission to drill into it. (If you were refused permission and were really innovative you could make a wooden frame to house the bin.)

The bin itself is made of metal mesh so that you can see what is stored in it. Car lockers can be ordered on the Internet in sizes as large as eight by four by four feet. They have metal sliding doors, will carry up to 200 lbs, and are easily mounted on the wall. They sit in the area above your hood, about 6 feet off the ground so that the car can still be parked in its normal spot. A bin is large enough for you to keep a small three-step stool folded down into it, for easier access.

Since condos often have gates and/or 24 hour security, there would be virtually no risk of theft from these lockable units.

Just by utilizing the space under your coffee tables, over your bathroom door, and above the hood of your car, you have probably gained about 130 square feet of storage.